The monthly values of EU agri-food trade in March 2018, compared to February, increased in line with a seasonal pattern to EUR 11.6 billion in exports and EUR 9.8 billion in imports. Despite overall trade figures being lower when compared to all-time high levels recorded in March 2017 (-8.8% for exports and -11% for imports), monthly trade balance actually increased slightly to a surplus of EUR 1.8 billion.
For the 12-months period of April 2017 to March 2018, EU agri-food exports reached a value of EUR 136.7 billion, corresponding to an increase of 2.1% in value terms compared to the same period one year ago. Wheat exports have experienced a significant drop in value terms on an annual basis (EUR -1.4 billion or -28%). Other categories with notable losses in export values over the last 12 months were: pork, cereals (other than wheat and rice), vegetable oils (excluding palm oil and olive oil), fresh or dried fruit (excluding citrus and tropical fruit); fresh, chilled and dried vegetables, beer and cocoa paste and powder.
June 2018/ DG Agri/ European Union.